Gas Prices Are Closing In On A Danger Zone For Stockshttp://www.businessinsider.com/gas-price-danger-zone-2013-2/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Fri, 09 Dec 2016 08:58:03 -0500Jeff Kleintophttp://www.businessinsider.com/c/512e3117eab8ea617a000006robertsgt40Wed, 27 Feb 2013 11:15:19 -0500http://www.businessinsider.com/c/512e3117eab8ea617a000006
You're assuming poor people have "discretionary" income.http://www.businessinsider.com/c/512cea6e69beddf27500000ddknolaTue, 26 Feb 2013 12:01:34 -0500http://www.businessinsider.com/c/512cea6e69beddf27500000d
It's not just poor people now, it's the middle class that is getting killed by these prices. I guess no one has figured out we would be doing a lot better if prices were a buck lower and we had that money to pay down out personal debt or go to a movie or out to dinner. Oh well.http://www.businessinsider.com/c/512c04b16bb3f7af0a00000bPat HudgfinsMon, 25 Feb 2013 19:41:21 -0500http://www.businessinsider.com/c/512c04b16bb3f7af0a00000b
Over the last five years, there has been a direct correlation between the rising cost of fuel and economic recovery. When economic data show positive improvements, petrol advances with anticipation of higher demand, regardles of real supply and demand. In doing so, it snuffs the life out of the anticipated recovery.
Bottom line, until the traders in the futures markets are restricted, their greed will continue to kill any potential recovery with high cost.
In the last eight years, commodity trades have increased 800% and 80% of those trades are speculative.
These no-value added trades are raping the end users and small manufacturers with obscene high cost, at a time when incomes are deflating. We have become financial serfs to those who altered the rules so that they can legally pick our pockets at will.http://www.businessinsider.com/c/512bf1fa69bedd2504000004depressionMon, 25 Feb 2013 18:21:30 -0500http://www.businessinsider.com/c/512bf1fa69bedd2504000004
Only poor people worry about the price of gas and they don't buy stocks .
I should also add that most poor people don't know a thing about QE , even if their forced to cut back their discretionary income it won't make any difference at all .
Poor people don't matter .